myefox.com: China is the Fastest Growing Market of Electronics

Nov. 10, 2010 - PRLog -- China is the Fastest Growing Market of Electronics –  http://myefox.com/ - Quality Electronics Wholesale Distributors

“China is the fastest growing consumer electronics market. China’s electronics retail industry average annual growth rate is up to 8%, sales are expected to climb to 180 billion euros in the next 10 years.” MediaSaturn CEO Roland • Wise has said in its first store opening ceremony of brandsMedia Markt.

Media Markt is the largest consumer electronics retailer in Germany and Europe, attributed to Media-Saturn Holding Limited, and in total it has 602 stores in 14 Europe countries. November 17 this year, its first shop in China opened in Shanghai.
http://www.myefox.com/ – China Electronics Wholesale Distributor: wholesale China Cell Phones, Dual Sim Cell Phones, Tablet PCs, Mini Laptops, Car Electronics – Drop Shipping Worldwide.

Roland • Wise said that China is a huge growing market, full of business opportunities: in 2013, China’s potential demand for electronic consumer appliance market will reach 150 billion euros, well above the 60 billion euros in Germany; the Shanghai market potential demand about 5.5 billion euros, the same as demand in Switzerland and Austria; at present, Chinese electronics consumer retail market is about 90 billion euros, and will grow at a annual growth rate of 8%, in the next ten years to reach 1,800 million euros; in the development of China, the emerging urban middle class growing personal income, and has a great interest in purchasing electronic products; China’s favorable market situation, the current consumer china electronics market is still very fragmented, the major leaders’ market share is only 7%.

Roland • Wise believes that innovative business concept is “turn-key” of Media Markt. “Media Markt implements decentralized management, while all of the stores use the same logo, but they are not subordinate to the central control store network. Each store is an independent company, in Europe, the owner can have up to 10% shares of the company. Because, store sales manager can choose the product category and fix price of products (electronic products from china). “This decentralized management was one of innovation of Media Markt management way, the purpose is hoped that the incentives to provide consumers with more low-cost services.From:China wholesale electronics online store

more information here:

http://myefox.getweblog.org/2010/11/11/myefox-com-china-i...

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